Gold price in India saw a dip on Tuesday, reflecting recent shifts in the global market. According to data from FXStreet, the current gold rate per gram has dropped slightly, impacting both individual buyers and investors. This article provides a straightforward summary of the latest gold prices, so you can stay informed on these changes.
Latest Gold Rates in India
As of Tuesday, the price of gold per gram in India has reduced from INR 7,403.41 to INR 7,393.81. This is a small, yet notable change in the gold market, which affects investors and buyers across the country. Here is the current breakdown of gold prices by measurement unit:
Unit Measure | Gold Price in INR |
---|---|
1 Gram | 7,393.81 |
10 Grams | 73,939.48 |
Tola | 86,243.14 |
Troy Ounce | 229,965.90 |
Tola Price Falls as Demand Influences Market Rates
In addition to per-gram prices, the per-tola price also saw a decline, from INR 86,351.97 on Monday to INR 86,243.14 on Tuesday. This reduction might reflect changes in demand or other global economic influences. The decrease in gold rates offers potential opportunities for those interested in buying at a lower rate, while current owners may watch the trend for potential gains.
How FXStreet Calculates India’s Gold Price
FXStreet bases its Indian gold price updates on international market trends. By converting global rates (USD/INR) into local currency and adapting measurement units, FXStreet provides an accessible price reference for Indian buyers. Updated daily, FXStreet’s prices may vary slightly from local vendors, depending on market fluctuations and specific exchange rates.
Conclusion
To stay informed about daily gold price updates and trends, visit Daily Gold Signal’s homepage. For in-depth updates, Daily Gold Update is an excellent resource to explore current market rates and insights.